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Bullion Billionaires Who Like Gold

The following 15 investment gurus are among the wealthiest men in the world. All use gold as the perfect store of value with a view to preserve purchasing power against the loss of value of all fiat currencies. Here are the Bullion Billionaires who like Gold; Carlos […]

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China Reveals Gold Reserves

China Gold bullion bars displayed in a stack

China’s gold holdings grew by 604 tons to 1,658 tons since 2009, according to the data from People’s Bank of China revealed on Friday. The country thus overtook Russia to become the fifth largest holder of gold in the world. The information has been disclosed after a […]

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China Reserve Currency Bid!

Chinese Renminbi displayed

China is looking for a more leading role in the world currency market. Right now it is the 2nd most used currency in international trade. In 2013 & 2014 it signed a number of bilateral trade agreements with other countries to further promote its currency on the […]

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Greece Citizens Buys Gold Coins

Stack of gold bullion displayed in a pile

European investors are increasing purchases of gold as Greece’s turmoil boosts the appeal for an alternative to the euro. Demand for gold coins and bars from European investors has increased significantly in the past month as the Greek crisis enters a new phase.  When people learned that the Greek banks will […]

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Zimbabwe Pushes Gold Backed Currency

100 Hundred Trillion Dollars Zimbabwe note

THE central bank says the country must consider adopting a gold-backed Zimbabwean dollar warning that the US greenback’s days as the world’s reserve currency are numbered. Government ditched the Zimbabwe dollar in 2009 after it had been rendered worthless by record inflation levels and adopted multiple foreign […]

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Russia is Hoarding Gold

Russian President Putin holding gold bullion image

MOSCOW — The Central Bank of the Russian Federation announced this week on its website that in March, Russia bought approximately 30 tons of gold, bringing its total gold reserves to 1,238 metric tons. Russia is now the fifth-largest holder of gold reserves, according to the International […]

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Testimony For The Texas Gold Bill

Tesas legislature in session image

A bill is now working its way through the Texas legislature. SB 1245, sponsored by Senator Konni Burton, recognizing gold and silver as legal tender in the state of Texas. While there is certainly more to the gold standard than that, if Texas enacts this into law […]

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National Gold Bank Notes

Yellowish paper of the National Gold Bank note image

National Gold Bank Notes – 1870 – 1875, These notes were authorized as a result of the California Gold Rush and large transactions in gold coins. They notes were printed on a yellowish paper, essentially a hybrid of the National Bank notes and the Gold Certificates notes. […]

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Gold Certificate Notes

Gold Certificate as gold money image

Gold Certificate Notes 1863 – 1936, Legislation in 1863 authorized the Treasury to receive deposits of gold coins and gold bullions and to issue certificates to be receivable for duties or import. From 1933 to 1964, Gold Certificates in large and small sizes were illegal to own […]

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